That is really funny. LOL. It is not lost now! I thought he was someone from somewhere as I typically receive (real emails) written almost like he wrote his messages. This guy is really funny. I like him.
There are typos. Here is one: UNvention instead of Invention in "Therefore I am displeased to UNtroduce my latest unvention"
A friend of mine is visiting with me, and responded on mybehalf to have fun/etc... He thinks trading is easy, and I challenged him to try. Hopefully the market will have a newbie/student. Joe's posts are great (funny and true)!
Mr Doaks, it is good to see that your new Undi(e)cator bears a remarkable resemblance to VWAP - purely coincidental of course. And lest we forget, the wider the crayon the better the trade. I am sure even Monsieur Plecostomus would approve.
If you want a moving average that doesn't move, just use a freaking KAMA (Kaufman adaptative moving average) It goes flat at the slightest hint of slowdown
A brilliant observation, Equalizer. I myself deconstructed NMA and was severely disappointed to find that it is merely VWAP without the volume, a Price-Weighted Average Price, or PWAP, as it were. And you are right, it needs to be drawn with a blunter crayon to be an effective undicator.
Hey joe, thank you and all your groupies for the amazing indicators you have devined and graciously posted in these pages over the years... I have made millions upon millions using them ad unnaseumm... to be honest, after tweaking them just a little....